Fortinova Fastigheter AB (FRA:733) Debt-to-EBITDA : 22.16 (As of Jun. 2026) — 179% Above Median

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FRA:733 Fortinova Fastigheter AB FRA:733
51 GF Score
Price €2.15
GF Value €2.75
! 4 Warning Signs
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What is Fortinova Fastigheter AB Debt-to-EBITDA?

Fortinova Fastigheter AB FRA:733 51 Debt-to-EBITDA is 22.16 as of Jun. 2026, which is 179% above its 10-year median of 7.93. GuruFocus rates FRA:733 with a GF Score™ of 51/100 and a GF Value™ of €2.75. The stock has 4 warning signs investors should review. Among 1,277 Real Estate companies, Fortinova Fastigheter AB ranks worse than 77.84% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Fortinova Fastigheter AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €51.20 Mil. Fortinova Fastigheter AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €232.66 Mil. Fortinova Fastigheter AB's annualized EBITDA for the quarter that ended in Jun. 2026 was €12.81 Mil. Fortinova Fastigheter AB's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 22.16.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Fortinova Fastigheter AB's Debt-to-EBITDA or its related term are showing as below:

FRA:733' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.72   Med: 7.93   Max: 12.03
Current: 12.03

During the past 6 years, the highest Debt-to-EBITDA Ratio of Fortinova Fastigheter AB was 12.03. The lowest was -15.72. And the median was 7.93.

FRA:733's Debt-to-EBITDA is ranked worse than
77.84% of 1277 companies
in the Real Estate industry
Industry Median: 5.54 vs FRA:733: 12.03

Fortinova Fastigheter AB  (FRA:733) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Fortinova Fastigheter AB Debt-to-EBITDA Related Terms


Fortinova Fastigheter AB Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Fortinova Fastigheter AB's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fortinova Fastigheter AB Debt-to-EBITDA Chart

Fortinova Fastigheter AB Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial 7.93 8.91 3.70 -15.72 9.07

Fortinova Fastigheter AB Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.42 8.44 13.27 8.58 22.16

FRA:733 vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison

For the Real Estate Services subindustry, Fortinova Fastigheter AB's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fortinova Fastigheter AB Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fortinova Fastigheter AB's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Fortinova Fastigheter AB's Debt-to-EBITDA falls into.


FRA:733
51GF Score
Fortinova Fastigheter AB FRA:733
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortinova Fastigheter AB Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Fortinova Fastigheter AB's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(93.414 + 141.524) / 25.916
=9.07

Fortinova Fastigheter AB's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(51.202 + 232.656) / 12.808
=22.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 22.16 mean?
Fortinova Fastigheter AB (FRA:733) has a Debt-to-EBITDA of 22.16 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Fortinova Fastigheter AB. This is 179% above median its historical median of 7.93. According to the industry distribution chart, Fortinova Fastigheter AB ranks #994 out of 1277 companies in the Real Estate industry, placing it in the top 77.8%.
Is Fortinova Fastigheter AB's Debt-to-EBITDA too high?
Fortinova Fastigheter AB's current Debt-to-EBITDA of 22.16 is 179% above median its 10-year median of 7.93. The Real Estate industry median Debt-to-EBITDA is 5.54. Fortinova Fastigheter AB's value of 22.16 is 300% above this industry median. Based on the distribution chart, Fortinova Fastigheter AB ranks #994 out of 1277 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Fortinova Fastigheter AB has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Fortinova Fastigheter AB's Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fortinova Fastigheter AB ranks #994 out of 1277 companies for Debt-to-EBITDA. This places Fortinova Fastigheter AB in the lower half of its industry. The industry median Debt-to-EBITDA is 5.54. Fortinova Fastigheter AB's value of 22.16 is 300% above this benchmark. While the company's 10-year median is 7.93 vs. the industry median of 5.54, Fortinova Fastigheter AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.54, based on 1,277 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortinova Fastigheter AB's current Debt-to-EBITDA of 22.16 is 300% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Fortinova Fastigheter AB. For the Real Estate industry, the median Debt-to-EBITDA is 5.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortinova Fastigheter AB's current Debt-to-EBITDA is 22.16, which is 179% above median its own 10-year median of 7.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortinova Fastigheter AB stock overvalued right now?
Fortinova Fastigheter AB (FRA:733) has a current Debt-to-EBITDA of 22.16. The stock's GF Value™ is €2.75, compared to a current price of €2.15 — trading 21.8% below its estimated fair value. The current Debt-to-EBITDA is 22.16, which is 179% above median its 10-year median of 7.93 and 300% above the Real Estate industry median of 5.54. Fortinova Fastigheter AB's overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Fortinova Fastigheter AB (FRA:733), the current Debt-to-EBITDA is 22.16 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fortinova Fastigheter AB (FRA:733) Overvalued in 2026?

Based on GuruFocus' analysis, Fortinova Fastigheter AB stock appears to be undervalued. The current stock price of €2.15 is trading 21.8% below its estimated GF Value™ of €2.75.

Key valuation signals for FRA:733:

  • Debt-to-EBITDA: 22.16 (179% above median its 10-year median of 7.93)
  • GF Value™: €2.75 vs. price of €2.15 (21.8% below fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 300% above the Real Estate median (#994 of 1277)

No single metric tells the full story. See the FRA:733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortinova Fastigheter AB Business Description

Other Exchanges FNOVA B:Sweden
Address Norrgatan 10, Varberg, SWE, 432 41
Fortinova Fastigheter AB operates as a real estate company. It acquires, develops and manages residential properties in some of western Sweden's.
51GF Score

Get the complete analysis for FRA:733

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.15
Price
€2.75
GF Value